Question: CALCULATOR PRINTER VERSION 4 BACK NE Problem 1.10 Posey Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over

CALCULATOR PRINTER VERSION 4 BACK NE Problem 1.10 Posey Ceramics makes ceramic vases for a chain of department stores. The output and cost figures over the past four weeks are shown here. Labor costs $10 an hour, and materials are $4 a pound. Week 1 2 3 4 Units of output 2000 4000 5000 7000 No. of workers 4 4 5 6 Hours per week per worker 40 48 56 70 Material (lbs) 286 570 720 1000 What is the average labor productivity? Round your answer to 2 decimal places, the tolerance is +/-0.01. What is the average material productivity? Round your answer to 2 decimal places, the tolerance is +/-0.01. What is the average multifactor productivity? Round your answer to 2 decimal places, the tolerance is +/-0.01

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